berkek

berkek Pro

The close above 3D basis resistance in ETH suggests a retest of that level once again once CPI data is digested. However market rallied below 3D support without getting to weekly support, therefore currently the market is in a bearish position on a weekly basis.

berkek Pro

The market is now ready to test support at $5659.5 in spot market. Please note that market went into backwardation (Backwardation is when the current price of an underlying asset is higher than prices trading in the futures market). This means large funds buying at spot and selling in futures market (spread trade) is over implying that spot market purchase is over...

berkek Pro

ETH is close to 3 St dev on a monthly basis where big moves happen... call it profit taking or short selling, the music is about to be over.

berkek Pro

Channel top should guide you.... Price should halve relatively quickly...

berkek Pro

ADA is not just bullish against USD but also against BTC which makes it to go to pair to trade in the crypto world.

berkek Pro

I have noticed an extremely unusual volume with a positive close on an hourly basis on my broker's platform. So even though the trend is currently bearish, this might be a turning point of USDJPY. Years ago, NZDUSD had a similar unusual vol intraday and it's been tanking ever since. So why not now? I am long the USDJPY with stops below yesterday's low....

berkek Pro

We are at a critical junction for USDJPY. Price remains within trendline and possibly created on a massive hammer on a quarterly basis. End of month will confirm.

berkek Pro

Leveling daily chart of S&P 500. Implies no direction.

berkek Pro

This is a leveling of BTC daily chart, implies no direction.

berkek Pro

No predictions here, just mapping the current year with major levels to watch.

berkek Pro

An interesting coincidence isn't it? Still looks bearish to me unless we have a weekly close above those trendlines. This year might be a test year for miners ability to stay afloat. Interesting times, interesting charts. Let's see.

berkek Pro

I have made an analysis on Bitcoin 2 weeks ago and I guess I was wrong when looking at the bigger picture. I thought we would bottom here, BUT monthly charts look pretty bearish for the moment. I don't know about any particular reason for this but charts hardly lie. Since no one currently wishes to sell their crypto, it looks very plausible to me to have BTC at...

berkek Pro

Keyword: China-US agreement Potential bullish $ and bearish precious metals scenario is about to start following the news flow. A monthly close below the first blue line (currently support but when close below will turn into resistance) will be the first sign of weakness. Then it is best to wait until year-end as this is a yearly basis S&R. My anticipation is...

berkek Pro

Traders need to take a very close look at this level! I am still bearish intraday but expect a massive buy signal here.

berkek Pro

Bitcoin has broken a major trendline and currently in a bear market on a weekly basis but neutral on a monthly basis. Markets test ultimately those big levels marked on the charts, but it is nearly impossible to be certain which comes first so we need to be patient how price will develop in the coming days. My take would be an upward move first and then a...

berkek Pro

Bitcoin is currently on an uptrend on a monthly basis and there was a weekly close below yearly pivot but not a monthly one. Until there is a monthly close below yearly pivot, it can be bought at every dip. Trendline is also a confluence factor on this chart. I am long and let's see it we can make it to 9300 levels and start to rise quickly afterwards. Stops...

berkek Pro

BTC dropped sharply however fundamentals have not yet changed and it is very supportive for BTC in the long run. Currently I am slightly bearish but looking for a massive buy signal at the inflection point stated on the chart. It coincides with yearly pivot as well.

berkek Pro

Being Long only in BTC, requires a lot of patience to make money. A high probability trade only could occur at the target support level on 3 Months basis in BTC for the moment. The both technical indicator and major support are in conjunction and recent price action confirms the price is set to move downward (for now). It can be expected for a bounce up to 10085...